7, LONG LANE CLOSE, HOLBURY, SOUTHAMPTON, SO45 2LE - £427,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 LONG LANE CLOSE is a large detached house of 119m², built sometime between 1976 and 1982, which could now be worth an estimated £396,361. It was last sold for £427,000 in October 2022, which was around 32% below the average October 2022 detached price in the New Forest local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

7 LONG LANE CLOSE Sold Prices

Land registry data shows four sales for 7 LONG LANE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the four 7 LONG LANE CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 14 OCT	£427,000	£627,474	32% below HPI
2009 13 AUG	£237,000	£330,316	28% below HPI
2006 4 AUG	£243,500	£334,669	27% below HPI
1998 2 APR	£110,000	£138,287	20% below HPI

7 LONG LANE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The four 7 LONG LANE CLOSE sales between April 1998 and October 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2009 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 7 LONG LANE CLOSE be worth now?

7 LONG LANE CLOSE might now be worth an estimated £396,361.

This is based on house price deflation of 7.2%, between October 2022 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.2% deflationary decrease is applied to the most recent sale price for 7 LONG LANE CLOSE of £427,000 on 14th October 2022. For the value to have decreased from £427,000 to £396,361 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 LONG LANE CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The October 2022 sale price of £427,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LONG LANE CLOSE has not materially changed since October 2022.

How Large is 7 LONG LANE CLOSE?

7 LONG LANE CLOSE is 119m² according to the EPC inspection conducted in February 2022. This puts it in the largest 30% of detached houses houses in Holbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holbury, and where 7 LONG LANE CLOSE lies on this distribution: 76% of detached houses houses are smaller than 7 LONG LANE CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Holbury.

7 LONG LANE CLOSE: Plot and Title Map

7 LONG LANE CLOSE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 7 LONG LANE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 LONG LANE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7 LONG LANE CLOSE?

7 LONG LANE CLOSE is located in HOLBURY, in the SO45 postcode district. The below map shows the position of No. 7 on LONG LANE CLOSE.